Sage Payment Solutions Selects DocuSign as Official and Exclusive Electronic Signature Partner to Automate Last Mile of Customer Onboarding

DocuSign's #1 Electronic Signature Service Chosen to Streamline Workflow,Increase Transaction Speed and Reduce Cost of Merchant Transactions within ISO Community

SEATTLE – May 4, 2011 – DocuSign® (www.docusign.com), the world's leading electronic signature solution with more than six million customers, today announced that it has been selected as the official and exclusive electronic signature partner of Sage Payment Solutions, the payments division for Sage North America.

Sage Payment Solutions chose DocuSign's enterprise-class electronic document and signature management solution to automate the last mile of their customer set-up process in order to:

Increase customer onboarding speed: 80% of Merchant Agreements are DocuSigned in less than 24 hours

Reduce rework: DocuSigned contracts return complete the first time with no missing initials or signatures – and they're clearly legible for underwriting

Automate the paper-chase: DocuSign's automated reminders remove manual follow up and accelerate the speed of business

Drive visibility: Dashboards provide signing status and updates so customers know exactly where agreements are in the process at all times

Enhance compliance: DocuSign enables customers to set standards for routing and signing, even leverage DocuSign ID Check and DocuSign's exclusive Certificate of Completion for enhanced authentication and security, to ensure compliance with the Federal ESIGN Act

"DocuSign is a proven, trusted solution for eSignature," commented Greg Hammermaster, president of Sage Payment Solutions. "We needed a legally binding, ESIGN Act-compliant solution that's proven to accelerate the speed of business, reduce cost and create a better customer experience. We found DocuSign to be the best solution provider for us."

"DocuSign is excited to partner with Sage Payment Solutions in delivering enterprise-class solutions and best practices for small and mid-sized business customers," commented Dustin Grosse, chief marketing officer at DocuSign. "The combination of Sage Payment Solutions and DocuSign's eSignature platform automates the last mile of merchant transactions, creating the easiest, fastest and most secure way for the ISO Community to get a legally-binding signature."